Questions tagged [exchanges]

Exchanges are sites which allow for the conversion of Bitcoins to various world currencies as well as alternate cryptocurrencies.

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Transfer to my bank account [duplicate]

How do I transfer my BTC to my bank account? I need to exchange it into USD and send it to my bank account. I've never used Bitcoin before.
Brittany Phillips's user avatar
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2 answers
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How to create off-chain transaction, the one that exchanges uses

How to create off-chain transaction, the one that exchanges uses. I know that exchanges just update their databases when transaction between customers occur. But how this affect blockchain? How to ...
juhasa's user avatar
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Offline transaction on exchanges

Do cryptocurrency exchanges use offline transactions?And if yes when they use it?Also is offline transactions somehow related to off chain transaction?
juhasa's user avatar
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Transferring bitcoin to cash [duplicate]

How do you convert bitcoin to cash to deposit to your bank account? I have a bitcoin account and I want to converts some of my bitcoin to cash to deposit to my bank account.
William Westbrook's user avatar
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1 answer
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Locate bitcoin from 11+ years ago

I bought bitcoin along time ago. It was at minimum 11 years ago. My bitcoin purchase info was emailed. I remember the following after buying: getting an email which indicated the bitcoin info. I ...
Zee's user avatar
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1 answer
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Off chain transaction on exchange [duplicate]

Are cryptocurrency exchanges uses off chain transactions?And if yes when does they used?
juhasa's user avatar
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Would exchanges save block space by defaulting deposit addresses to P2TR? [duplicate]

If inputs weigh less in P2TR than other address types, and exchanges conduct big batch transactions for withdrawals, is there a significant efficiency gain in block space they consume if most of their ...
Rex Everything's user avatar
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1 answer
139 views

How to sell or convert recently delisted coins on Binance? [closed]

Binance recently delisted SERUM. I still have some left on my account and I want to convert it into another currency. Is it possible to do this and if so, how? I read the following statement: "...
Archil Zhvania's user avatar
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Why doesn't the price of the bitcoin perpetual future equal the price of bitcoin?

A lot of exchanges offer a bitcoin perpetual future to allow users to speculate on the price of bitcoin. For a future with an expiry date, it makes sense that the price of the future might be higher/...
Featherball's user avatar
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3 answers
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How to buy 1,000,000 BTC

Let's imagine that I had enough fiat money to buy 1 million bitcoin ($30,000,000,000). How would I find a seller? Are there even that many bitcoins offered for sale? Or would it be easier to start a ...
apchrkey's user avatar
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Where to find a people who have bitcoins, to exchange USD to BTC with no KYC offline?

I have cash in USD, i want to buy BTC in my city, but i don't want to buy it with exchange magazine, because bad exchange rate and because it requires KYC and i'm not want to my personal data will ...
user143572's user avatar
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I purchased bitcoin in 2014. After I paid, it shows on the transaction ledger that it was sold 40 minutes later, but not by me. Is it lost forever?

As per the title - I paid for BTC in early 2014 and appear to be the victim of fraud. Are the coins lost forever? Any help is gratefully appreciated. I purchased them through quickbitcoin.co.uk, which ...
Matt's user avatar
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How does clearing & settlement work on crypto exchanges

I understand that this may differ between trading venues, and may perhaps depend on what specifically is being traded, but I would like to understand, in practice, how the post-trade process works in ...
Zac's user avatar
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Sent crypto to email address, recipient's exchange needs transaction-id

I sent $500 in Bitcoin and Ethereum to my niece email address. She got an email for each but could not cash them without Transaction Hash (TXN ID) as I was told by her exchange company! Is there any ...
Naser Saghafi's user avatar
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400 views

How do I extract my Bitcoin to an external wallet?

I recently discovered that I had Bitcoin that I invested in over a year ago, and I didn't open an external wallet. I want to find out how I can move it to an external wallet, so I can get a payout on ...
David Holder's user avatar
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Prior to collapse, how could FTX honor btc withdrawals if filings show they held no bitcoin?

I have seen in the news that, in bankruptcy filings, it was revealed that FTX held no bitcoin. As far as I can find on the internet there's nothing pre-implosion that suggests user were explicitly ...
Runeaway3's user avatar
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What is the risk involved in fedimint?

I want to know the risks involved in fedimint? Fedimint is something that was shared as improving privacy for bitcoiners.
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Transfer and account

I'm attempting to clarify a few things in my mind. The wallet.dat file contains (amongst other things) my transaction history alongside the private keys associated with each address in use in the ...
Texas Rebel's user avatar
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How do exchanges send transactions efficiently?

This site says that " (exchanges do not attach bitcoin miner fees)...Bitcoin exchanges often try to send their transactions as efficiently as possible. This can mean that the fee is not large ...
Aqqqq's user avatar
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Need help with my withdrawal

If I used coinme to deposit at an atm can someone walk me through how to withdrawal? I have the coinme app and trust wallet? Which one would I use? Someone was helping me and stopped responding.. ...
Maryanne Torres's user avatar
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1 answer
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How are crypto prices calculated by an exchange? Example game in a spreadsheet to illustrate [closed]

I find the mechanisms behind crypto fascinating, so I wanted to do the thought exercise of creating my own coin, and seeing how it evolves in a simplistic spreadsheet-based example such as this one: ...
Mister Mystère's user avatar
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Doubts about kyc information request of crypto exchange site

Is it normal for a crypto exchange market site to require a photo of myself holding a signed handwritten note in one hand and my id card in the other as kyc information? I'm not a hostage and it feels ...
IDK's user avatar
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soloxbit.com genuine or fake crypto exchange? [duplicate]

I am new in crypto. I know something about cryto currency and its working. Today some one suggested me soloxbit global exchange is it a genuine crypto exchange or not? not enough material is ...
roy's user avatar
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Using online exchange like ChangeNOW or FixedFloat to create anonymity?

Online exchanges like ChangeNOW, SimpleSwap and FixedFloat, unless they keep records for a long period, which theoretically might be later accessed by authorities, might offer considerable privacy. I ...
Frungi's user avatar
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3 votes
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Is it credible that a "stuck transaction" was the true cause of binance pausing bitcoin withdrawals?

It is reported that Binance is blaming a "stuck transaction causing a backlog" as the reason it prevented people withdrawing their bitcoin for some hours on the 13th June 2022. I do not ...
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Why do bitcoin exchanges use "central" wallets?

Most exchanges that have the option to deposit crypto offer individual wallets for every customer. What is the benefit of moving that money to a "central" wallet? Could they also just ...
itscoldoutsideman's user avatar
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1 answer
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How can I create/provide crypto currency wallets to my users?

I am interested to know, if I want to make a facility to my website users to be able to pay/buy with crypto currencies, also to gain ability to send/receive crypto currencies together( something like ...
user3486308's user avatar
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1 answer
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Which offers more privacy, coinjoin-whirlpool or non-KYC online exchanges?

After buying crypto with fiat on a KYC exchange, instead of just moving the crypto to a wallet, I understand that I should get more anonymity from tracking by putting the coin through coinjoin or ...
Joshitmmajeedm's user avatar
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1 answer
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How do crypto exchanges create wallet for their customers?

I am new in Cryptos. I noticed that when I want to trade in an exchange it needs to create a wallet on their website. It seems this is the wallet they create for a user like what he/she can create him/...
user3486308's user avatar
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2 answers
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How do cryptocurrency exchanges execute trade without paying gas fees?

How do cryptocurrency exchanges execute trade without paying gas fees? For example, in Binance, every user has their own wallet address for each coin they owned. Let's say I just traded 1 BTC for 1 ...
Kanna Kim's user avatar
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Do you have to pay capital gains tax when selling and immediately buying another cryptocurrency in US?

Is it possible to convert eg. BTC to ETH and pay capital gains tax only when you sell and convert crypto into USD?
user133090's user avatar
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Do the same conditions apply for the same trading pair on the same exchange in different jurisdictions?

If an American resident in the US and a Canadian resident in Canada had 1btc each and they each converted it on Binance to USDT, would they get the same result?
Jeffoski's user avatar
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What does an exchange do when selling/buying crypto?

I know well that I can sell and buy cryptocurrencies like BTC and ETH on exchanges like Coinbase, I do it almost every week. But my question is: how does an exchange materially convert dollars or ...
Jepessen's user avatar
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Anyone knew about bitnuxt.com?

I have balance in bitnuxt.com site 0.67 btc, and when I want to withdraw the site says I have to deposit 0.002 btc so that the withdrawal can be done Anyone know about this site is scam or not ?enter ...
Clay's user avatar
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Confusion of Bitcoin Exchange Rate

According to How is the exchange rate for Bitcoin established? and How do bitcoin exchanges set prices? I understood that , An exchange doesn't set a price at all. It provides a framework for ...
Ruwana's user avatar
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how does new exchanges order books work?

When a new exchange is launched and it doesn't have many users, how does it managed an order book? how can they match orders when there's not enough of them?
pardis.ti's user avatar
1 vote
1 answer
101 views

What is the flow of buying crypto on behalf of users?

I am building a crypto on-ramp for users in emerging markets that allows users to buy crypto via debit/credit cards, mobile money, etc. What is the flow of buying crypto on behalf of users? From ...
Obakeng Mosadi's user avatar
0 votes
1 answer
257 views

How do exchanges manage deposits and withdrawals?

Suppose users on an exchange deposit bitcoin to different addresses using the HD wallet structure. Now suppose a user wants to withdraw bitcoin to an external address. How would this whole process be ...
Bob Marshall's user avatar
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2 answers
98 views

Why do several exchanges not comply with KYC regulations

I am doing a research project about Crypto regulation. From what I read, Know Your Customer and Anti-Money Laundering compliance from exchanges are legally required in the US. However, a quick search ...
Eric Xue's user avatar
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1 answer
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How do exchanges like binance or kucoin store user assets?

My questions about storing user assets: An exchange creates unique deposit addresses for each users. Are these addresses all derived from a HD wallet and exchange controls all the keys and indexes? ...
meysam kheyrollah's user avatar
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1 answer
78 views

How does perpetual contracts work when the counter party closes?

As I understand how crypto perpetual contracts work - when I enter a long position on a crypto exchange, my order is matched with a counter party short. The long/buyer and short/seller will exchange ...
Flo Woo's user avatar
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What happens to your assets if Coinbase (or an equivalent site) closes down?

If a bank institution closes down, there is an amount of money insured. What happens if Coinbase or Crypto.com which are actually just websites shuts down?
DimiDak's user avatar
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One time donation using bitcoin from creditcard or bank-account

How would I go about making a one-time donation in bitcoin if I don't want a get a bitcoin-wallet? Think about getting money from an ATM abroad, the money is in my account in currency A, but I get it ...
Ivana's user avatar
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1 vote
1 answer
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What accounting software exist to support crypto exchanges?

I've been looking at QuickBooks and 3rd party tools to integrate to see what they do but it still seems to be more retail focused. I've tried to Google it but still get retail responses. Does anyone ...
SorryEh's user avatar
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How do exchanges offer free deposits?

Since each transaction creates an unspent output. You'd need to pay a transaction fee to move those funds each time. They charge withdrawal fees however these are static and not dynamic. I understand ...
Trevor Wood's user avatar
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2 answers
57 views

Coinbase - converted BTC to Euros but now Euro amount has changed [closed]

Recently I converted some of my BTC to Euros on Coinbase. I needed €5000 euros exactly. The fee was €74.50, ok fine. That left me with €4925.50. I haven't made one transaction since, but logged in now ...
Engineer999's user avatar
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1 answer
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How is transaction on exchanges that trade bitcoins connected to blockchain?

According to this answer, since the transaction on exchanges are internal, the transaction on blockchain is irrelated to them. But is the transaction on exchanges that trade bitcoins really not ...
Aqqqq's user avatar
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1 answer
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Identify original exchange from Bitcoin address on my ledger

Hi I am being asked to prove which exchange I bought Bitcoin on from several years ago. I have the BTC address on my ledger. Is it possible to trace backwards?
Paraic's user avatar
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1 answer
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How to exchange crypto assests in italy without a bank account [closed]

I don't have a bank account, I get paid at my job in my postal account which I can't use to buy or sell crypto. I use bitcoin ATMs around Italy. Some time ago I did something dumb, really dumb. I ...
Doge mistake's user avatar
0 votes
2 answers
225 views

Is it true that a cryptocurrency exchange could freeze any account with suspicious bitcoins?

You are a law-abiding citizen and you have no idea how the bitcoins that you own now were used before. However, there is always a chance of getting "dirty" bitcoins that were used by ...
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